Houston-based company Utility Global, known for its innovative eXERO™ gas production technology designed for challenging industries, has successfully secured $53 million in a recent funding round. The Series C financing, led by OPG Pension Plan, also saw participation from global steel giant ArcelorMittal S.A. (NYSE: MT) through its XCarb® Innovation Fund, as well as existing investors Ara Partners and Aramco Ventures. This financial injection marks a significant milestone for Utility Global as it continues to expand and enhance its offerings in the market.